Oyster Enterprises Variance
| OYSE Stock | | | 10.24 0.01 0.1% |
The Variance lookup presents technical context for Oyster Enterprises II and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Oyster Enterprises has a market cap of 347.28 M. See
Your Equity Center for portfolio-level analysis. This includes a position in Oyster Enterprises II in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Oyster Enterprises II has current Variance of 0.0352. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 0.0352 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Oyster Enterprises Variance Peers Comparison
Oyster Variance Relative To Other Indicators
Oyster Enterprises II is rated
below average for variance relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Variance ratio near
44.81 . The Maximum Drawdown to Variance ratio for Oyster Enterprises II comes in at
44.81 Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
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